A mixed basis all-electron full-potential method, which uses two kinds of augmented waves, the augmented plane waves and the muffin-tin orbitals simultaneously, in addition to the local orbitals, was proposed by Kotani and van Schilfgaarde in Phys. Rev. B81, 125117(2010). We named it the PMT method. In this paper, this mixed basis method is reformulated on the basis of a new formalism named as the 3-component formalism, which is a mathematically transparent version of the additive augmentation originally due to Soler and Williams in Phys. Rev. B47, 6784(1993). Atomic forces are easily derived systematically. We discuss some problems in the mixed basis method and ways to manage them. In addition, we compare the method with the PAW method on the same footing. This PMT method is the basis for our new development of the quasiparticle self-consistent $GW$ method in J.Phys.Soc.Jpn 83, 094711(2014).